Friends sports club, A not for profit organisation carries sports activity. The balance sheet of the
club for the year ended 31st March 2019 showed a sports front of rupees 300000 which is invested in
Bank deposit earning 10% interest per annum on 1st April 2019. expenses incurred on Sports Award for
rupees 15000. determine the amount of Sports 1 to be shown in the balance sheet for the year ended 31st
March 2020
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